| (REF: 1057B) Sports Alloy Wheel Manufacturer And Supplier |
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| Seller Reference: |
1057B |
| B4S Reference: |
26314 |
| Asking Price: |
£900,000
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| Net Profit: |
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| Sales Revenue: |
£850,000 |
| Number of Staff: |
Send enquiry for more details. |
| Established For: |
20 Years 0 Months |
| Ownership: |
Leasehold |
| Location: |
Undisclosed, West Midlands County, United Kingdom |
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HISTORY
• Established for 20 years by the current vendor
• Large customer base within the city, surrounding towns & villages
• Customers travelling nationally to purchase, based on loyalty to owner and vast selection of products
• Consistent quality improvements and diversity of range throughout the years
• Over the years our client has successfully managed to create a brand identity and name that is now at the forefront of customers wishing to purchase after market wheels
REASON FOR SALE
• Vendor retirement
PRODUCTS
• Tyres (Road & Racing)
• Alloy wheels (Cars, SUV’s, Vans & 4x4s):
• Products available to fit the majority of marques from Alfa Romeo to Volvo consisting of the following brands;
o Mania Racing
o Fox
o Inovite
o Lazro
o Wolfrace Wheels
SERVICES
• Full bespoke wheel design service
• Tyre fitting
• Wheel replacement
CUSTOMERS
• General public
• Business and corporate
SUPPLIERS
• Local suppliers in place for tyres and wheels
• Reliable relationships in place with overseas manufacturers
PREMISES
• Retail showroom consisting of 3 separate display areas for up to 100 sets of alloy wheels
• Management office
• Storeroom to the rear
• Workshop area
STRENGTHS
• Very well established circa 20 years
• Recognised trading name
• Loyal repeat customer base
• Solid financial performance
• Website inc EBAY shop
• Off street parking
• High levels of footfall and vehicular traffic
• Limited competition in the area
DISCLAIMER: Viewing is essential to fully appreciate this business and strictly by appointment only through the agents. N/B: All Negotiations must be conducted through Advent Business Sales. These details do not constitute part of an offer or contract and properties are offered subject to being sold, let or withdrawn without notice at any time and without liability for any expenses incurred by applicants. All statements and descriptions are made without responsibility or warranty by us, vendors or lessors. Intending purchasers must check for themselves (Misrepresentation Act 1967).
An Energy Performance Certificate will be made available upon request of further details where one is required for the business premises
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Property: |
Leasehold |
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Living Accommodation: |
No |
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Location: |
• Located on main road leading into city centre
• High footfall and passing vehicular traffic
• Parking for up to 8 customer cars
• Large population of shops and retail outlets in vicinity |
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• Franchise opportunity
• Business development activity limited at present
• Sunday opening
• Opportunity to increase product range to include in car entertainment
• Introduction of alloy wheel repairs, mobile tyre fitting and air conditioning re-gassing
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Is this a home-based business? |
No |
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Can this business be relocated? |
No |
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Is this business part of a franchise? |
No |
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• Monday to Saturday 9.00am – 5.30pm
• Sunday closed
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• Vendor
• 3 x Technicians
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